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Experian Sold Consumer Data to ID Theft Service

quixote9 (999874) writes | about 6 months ago

0

quixote9 (999874) writes "From Krebs on Security Oct 13th. (Did I miss this earlier on Slashdot?)

An identity theft service that sold Social Security and drivers license numbers — as well as bank account and credit card data on millions of Americans — purchased much of its data from Experian, one of the three major credit bureaus, according to a lengthy investigation by KrebsOnSecurity. ... [A]ccording to Martin there were other signs that should have alerted Experian to potential fraud associated with the account. For example, Martin said the Secret Service told him that the alleged proprietor of Superget.info had paid Experian for his monthly data access charges using wire transfers sent from Singapore. “The issue in my mind was the fact that this went on for almost a year after Experian did their due diligence and purchased” Court Ventures, Martin said. “Why didn’t they question cash wires coming in every month? Experian portrays themselves as the databreach experts, and they sell identity theft protection services. How this could go on without them detecting it I don’t know.

With everybody from the NSA to Splunk getting into our business to "help" us and "protect" us, you'd think, since they're so worried about us, they'd be real concerned about keeping our data out of the hands of (obvious) criminals."

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